GMAC, the former lending arm of General Motors Co., is in talks with the Treasury Department for a third injection of taxpayer aid. Read more from the original source: Treasury, GMAC in talks for more aid  Read More →

GMAC Financial Services said Monday that it will offer a leasing option on select vehicles to drivers in 45 states. Here is the original post:  GMAC to offer leases on some vehicles  Read More →

The government is providing auto lender GMAC with $7.5 billion in fresh aid to enable it to make new loans for General Motors Corp. and Chrysler LLC vehicles. See the original post here: GMAC to get $7.5 billion in new federal aid  Read More →

The government is close to providing auto lender GMAC with billions of dollars in fresh aid, according to people with familiar with the matter. Go here to read the rest:  GMAC may be getting more U.S. aid  Read More →

It is a gloomy day for many Chrysler Dodge Jeep dealerships around the U.S. today! DETROIT — Chrysler LLC notified its U.S. retailers today about its plans to shut down 789 dealerships, or 25 percent of its total, by June 9th.   Update: Want to... 

Are you wondering what will happen to Chrysler after Chapter 11 Bankruptcy? If you have not heard already or you live under a rock, Chrysler has filed for bankruptcy and announced a deal with Fiat S.p.A. We have compiled a list of points briefly describing...